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Isn't STO case for ESG/OIP the same if CGNPC/Kalahari...

  1. richrichie
    3,390 Posts.
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    10/11/11
    14:16
    Post #: 9268133
    Isn't STO case for ESG/OIP the same if CGNPC/Kalahari Minerals/EXT?

    "Under Australian regulations, if CGNPC bids for Kalahari it will also be forced to bid for Extract on similar terms because it would breach the 19.9 per cent takeover threshold. However, the corporate regulator does have the right to grant exceptions."

    http://au.news.yahoo.com/thewest/business/a/-/wa/11540901/extract-waits-on-cgnpc-bid/
    OIP Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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